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Although the Mint has produced many special edition coins in recent years, Canada does have a history of such coins. From 1943 to 1945, the Mint issued the "Victory nickel" to promote the Canadian war effort. In 1951 a circulating commemorative coin, a 5-cent piece for the bicentennial of the discovery of the element nickel, was released.
According to the Royal Canadian Mint, the official term for the coin is the one-cent piece, but in practice the terms penny and cent predominate. [citation needed] Penny was likely readily adopted because the previous coinage in Canada (up to 1858) was the British monetary system, where Canada used British pounds, shillings, and pence as coinage alongside U.S. decimal coins.
The Canadian five-cent coin, commonly called a nickel, is a coin worth five cents or one-twentieth of a Canadian dollar. It was patterned on the corresponding coin in the neighbouring United States. It became the smallest-valued coin in the currency upon the discontinuation of the penny in 2013 .
The twenty-five cent coin has borne a caribou on its reverse since the current coin designs were introduced in 1937. [2] The twenty-five cent coin is the coin which is most frequently used for commemorative purposes. For the list of commemorative twenty-five cent coins issued by the Mint, see: Quarter (Canadian coin).
Due to its uniqueness, it gained the nickname of the "Emperor of Canadian Coins" [2] around the same time the 1911 half-dollar was dubbed the "King of Canadian Coins". [ 4 ] The coin changed hands several more times, [ 5 ] being sold to Anthony Carrato of Eagle Coin Company for US$160,000 in July 1979, then Joseph Carlton and David Hirschman of ...
Old coins are going for big bucks on eBay, and we found a few that you might just have lying around. Check out the slideshow above to discover if any of the coins you've collected could rake in ...